ca.finance.yahoo.com

Nidec Faces Derivative Suit Over Alleged Treasury Share and Dividend Issues

Nidec logoNidec
Sig3.05Sen-2.70Env0.00Soc0.00Gov-4.20

Nidec says it received notice of a shareholder-initiated derivative action filed in the Kyoto District Court on Sept. 9, 2026, against two former board members. The plaintiff alleges illegal treasury share acquisitions and a midterm dividend that exceeded distributable amounts and seeks 28,730,558,300 yen plus delinquent charges, while Nidec says the litigation will not affect business performance.

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